Tax Manager
Wealthfront
Sales & Business Development
Palo Alto, CA, USA
Posted on Dec 12, 2024
Wealthfront is seeking a Tax Manager to join the Finance and Accounting team in building a scalable infrastructure to support a dynamic, high-growth business. As the company’s first tax hire, the Tax Manager will play a foundational role in developing and managing the tax function, including overseeing monthly, quarterly, and annual tax filings, assisting with tax provisions, and preparing tax returns.
The Tax Manager will collaborate closely with leading accounting, tax, and advisory firms to leverage their expertise and ensure best practices, fostering a supportive and solutions-oriented environment. Reporting to the Sr. Director of Accounting, this position offers the unique opportunity to design and implement key tax processes while eventually building and leading a tax team to scale with the company's growth.
As a partner to the entire Finance and Accounting team, you will combine a commitment to Wealthfront’s mission with a passion for leading a strategic function that supports critical operating decisions across the organization.
Tax Planning and Compliance
- Participate in all stages of tax planning initiatives, providing guidance in accordance with ASC 740
- Prepare income tax accounting memoranda to document analysis and conclusions for transactions and other non-routine matters, ensuring compliance with internal controls
- Lead tax engagements, manage deadline expectations, prepare and/or review tax returns.
- Review quarterly estimates, extensions, returns and assist with annual tax projections
- Research and consult on various tax issues
Tax Operations and Filing
- Maintain the tax calendar to ensure timely filing and compliance
- Handle in-house monthly, quarterly, and annual tax filings, such as franchise, B&O, and gross receipts taxes
- Communicate with IRS and state tax authorities in response to audits, inquiries, and tax notices.
- Review and submissions of annual 1099s
Basic Qualifications
- Minimum of six (6) years of corporate income tax experience, including four (4) years of provision tax experience
- Bachelor's degree in Accounting, Finance, or related field
- Working knowledge of the U.S. GAAP accounting principles and ASC 740
- Excellent communication skills and ability to work effectively in a team
- Must be highly dedicated with a positive attitude, self-motivated, a team player who takes initiative and is willing to learn
Preferred Qualifications
- CPA and/or Master's in Taxation
- Expertise in navigating complex tax regulations and laws
- Strong analytical and problem-solving skills in tax-related matters
- Ability to develop and implement tax planning strategies
- Experience with Netsuite, Carta, Shareworks, MS Office/G suite
Estimated annual salary range: $148,000-171,000 USD plus Bonus and Equity.
Benefits include medical, vision, dental, 401K plan, generous time off, parental leave, wellness reimbursements, professional development, employee investing discount, and more!
About Wealthfront
Wealthfront started with the ambition to transform the investment advisory business, with the goal to unlock access to high quality investment advice for millions who were underserved by the traditional institutions. We built one of the first automated investment products that allows you to invest in a personalized portfolio of thousands of companies in seconds for a remarkably low fee. We then expanded. We now work with partner banks to offer exceptional banking features through a Wealthfront Brokerage Cash Account, which makes it remarkably easy for people to automate their finances end-to-end and eliminated the hassle of money management, all of which resulted in attracting more than $70 billion of our client’s hard earned money, pioneering the robo-advisor category and transforming the broader industry. And yet, we have a long way to go to achieve our mission to build a financial system that favors people, not institutions.
Wealthfront’s vision is to make it delightfully easy to build long-term wealth on your own terms. This vision is more relevant than ever because millions more people are getting into the market early and investing their hard earned savings in a handful of stocks. While this is a great way to start, it is inconsistent with building long-term wealth. We want to empower young investors to expand their horizon, and easily explore and execute on a wider range of investing strategies, make informed investment decisions that are consistent with their values and beliefs while also making it effortless to grow and compound their savings exponentially in a way that’s transformational to their lives and their long-term future.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.